day you had this brilliant flash of intuition and sold yet you keep posting.You should thank your lucky stars you got out in time and move on.Perhaps you should consider getting on the winning side and shorting this turd with the rest of the smart money.If not then get a life get a wife or whatever it takes to occupy your worthless time here on earth.
...rude children, but I'll make an exception this time. I had been holding the results of shorting some 22.5 June puts that got exercised. I sold them Monday AM for 22 7/8. When the stock failed to tank on the CC, I got back in put writing over the last two days at levels that might leave me stuck with stock at average of 20 5/8. If I factor in the profits I've made in the past on CLPA, my net cost if exercised would be under 15. My only losing trade on CLPA was a short strangle that bit me on the call side. I've learned not to write calls on CLPA except to get rid of stock I already hold. Let's say that the stock tanks on FDA disapproval, quick 15pt drop. OTOH, a return to 66 for a quick gain over 40pts is certainly possible if FDA approves Aptosyn. With those odds, I'd only short if I really believed the 10% approval prediction from Evan & Stephen.